08/04/2006
Morrison & Foerster represented China Resources Power Holdings (CR Power) in its HK$555.7 million acquisition of controlling stakes in two PRC power plants. CR Power acquired a 65 percent stake in a hydro-power plant located in southern Yunnan province, the first hydro-power project for the company, and a 55 percent interest in a Fuyang coal-fired power generation plant located in Anhui province.
CR Power is one of the largest Hong Kong-listed power generation companies in Mainland China. The acquisitions are estimated to boost CR Power's generation capacity by 13 percent to 7058 megawatts.
The Morrison & Foerster team was led by Hong Kong partner Ven Tan.





